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Cityview’s Portico Res Development in Oakland Expected to be Completed this Month 12/07/23 Cityview’s 378-unit opportunity zone res project in Oakland is slated for completion in December 2023. The development, named Portico, is an upscale waterfront community located at 37 8th Ave in Brooklyn Basin’s master-planne...
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Cushman & Wakefield Awarded 2.5 msf Commercial Property Management Assignment for the Presidio of San Francisco National Park Site 12/06/23 The Presidio Trust has awarded Cushman & Wakefield the assignment for commercial property management services for the Presidio of San Francisco, a unique national park site and National Historic Landmark at the base of the Go...
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Bay Area Multifamily Market Offers Investment Appeal, Despite Current Challenges 12/06/23 This update provided by real estate services firm Institutional Property Advisors.
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), has just published a new report: Bay Area Multifamily. H...
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NoCal Res Development Lands $51 Mil in Construction Take-Out Financing 12/01/23 JLL Capital Markets has arranged $51 mil in construction takeout financing for Mossdale Landing Apartments, a recently completed, Class A, 204-unit, garden-style apartment community located in Lathrop, CA.
Completed in summe...
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Bridge Logistics Properties Picks Up 84k sf East Bay Logistics Facility 11/21/23 Bridge Logistics Properties recently acquired an 84.5k sf warehouse property in the East Bay city of Newark. The property is located at 37580 Filbert St, west of I-880, roughly midway between San Jose and Oakland.
The proper...
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Bayhill Ventures Announces Plans for 672-Unit Res Project in Downtown San Francisco 11/17/23 In news of a planned residential development for downtown San Francisco, Bayhill Ventures has submitted entitlement approvals for 530 Howard Street, a 672-unit, for-lease residential development in the city’s Transit Center D...
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Sonoma County Hotel Project to Move Forward Thanks to $62 Mil in C-PACE Funding 11/17/23 GreenRock Capital and Petros PACE Finance have secured $62.6 mil in Commercial Property Assessed Clean Energy (C-PACE) financing for the construction of the Appellation Healdsburg hotel project in Healdsburg, CA. The project ...
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Luxury Amenity Space Slated to Open September 2024 at San Francisco Office Tower 11/16/23 The Cove, a luxury amenity space that boasts premium hospitality services for tenants and members alike, is slated to open in September 2024 on the 7th floor at 525 Market Street in San Francisco. The Cove will be a fully-sta...
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Bay Area El Pollo Loco Goes for $1,269/sf 11/16/23 A 2.6k sf, single-tenant retail building that is triple-net-leased to El Pollo Loco in the Bay Area sold for $3.3 mil ($1,269/sf). The property is located at 910 Andersen Dr in San Rafael.
The property includes a rare Marin ...
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Silicon Valley Res Project is Nearing Completion with Pre-Leasing Underway 11/16/23 Pre-leasing is underway at Vida at Morgan Hill, a new, Class A, 389-unit, three-story residential community under construction in Morgan Hill. The project, being developed by a joint venture of MBK Rental Living and Haseko Co...
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New 222-Unit Res Development in Livermore Opens to the Public 11/14/23 Legacy at Livermore, a new 222-residence mixed-use community developed by Legacy Partners in the NoCal city of Livermore, has opened to the public. Designed by BDE Architects of San Francisco, the community is located at 57 S...
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McCarthy Building Companies and Ellis Partners are Latest Firms to Sign at One Sansome Office Tower in San Francisco 11/10/23 In recent leasing activity at One Sansome, the soaring 42-story office tower in the heart of San Francisco’s Financial District, McCarthy Building Companies inked a lease for 15.1k sf of space on the building’s 19th floor. Mc...
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Bacchus Management Group to Open New Restaurant at 220 Park Project Nearing Completion in Downtown Burlingame 11/07/23 Bacchus Management Group has signed a lease to transform the restored 1940s-era Burlingame Post Office into an iconic restaurant space at the base of the six-story 220 Park development. The project, a development of Dostart D...
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Freedom West Homes Corporation Secures $27 Mil in Funding Commitments for Housing for People of Color in San Francisco 11/06/23 Freedom West Homes Corporation, a nonprofit limited equity housing co-operative in the Fillmore District of San Francisco, has secured $27 mil in funding commitments to-date to catalyze its revitalization providing low-income...
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Torani Inks Lease for New 202k sf Warehouse Development in San Leandro 11/03/23 Torani has signed a pre-lease agreement for a new 202k sf warehouse development in San Leandro. The company, a leader in the flavor industry since 1925, will relocate their warehouse and distribution operations from their cur...
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Tidewater Capital Investment Fund Exceeds Initial Target of $200 Mil 10/26/23 San Francisco-based Tidewater Capital has exceeded its initial target of $200 mil in equity commitments for its third discretionary fund (“TC Fund III”) with a diverse pool of limited partners, including university endowments...
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Silicon Office Vacancy Rate Hits 21% in 3rd Quarter 2023 10/03/23 This report provided by real estate services firm Kidder Mathews
MARKET HIGHLIGHTS
• The availability rate increased to 21%
• Asking lease rates decreased to $4.48/sf FS
• Sale volume dropped to 85.1k sf
• Total net absor...
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Meta Housing Completes 142-Unit Affordable Res Community in Santa Rosa 9/29/23 Stony Oaks Apartments, a new affordable housing community in Santa Rosa, CA, has been completed. The 142-unit project is a development of Meta Housing was built by R.D. Olson Construction. It will serve low-income families or...
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Connor Kidd Named CEO at The Swig Company 9/29/23 The Swig Company LLC has named Connor Kidd as Chief Executive Officer. He is also President of the company. Kidd succeeds Jim Carbone as CEO, who held the position since September 2018.
An Oklahoma native, Kidd joined Swi...
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Archway Equities and Virtú Investments Wrap up $74 Mil Res Buy in San Jose 9/21/23 A joint venture of Archway Equities and Virtú Investments has acquired The James, a 190-unit, Class A Apartment Community in downtown San Jose, for $74.25 mil, or $391k/unit.
The James represents Archway’s second significant...
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